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Global investors are increasing their wagers on Chinese artificial intelligence companies, betting on the next DeepSeek and seeking to diversify, with concerns growing about a speculative bubble in the sector on Wall Street.
Ukraine extended its hold on recently recaptured territory as troops marched farther east into areas abandoned by Russia.
Cathy Smithwick has lived with breast cancer, and then ovarian cancer, for more than 20 years with the help of targeted drugs, drugs that harness the body's immune system, chemotherapy and hormone pills.
Global banks including Citigroup Inc , JPMorgan Chase & Co and Societe Generale face pressure to commit to remaining as custodian banks in Russia, as rivals and funds fret they may lose services critical to future investment in the country.
Imran Khan, Pakistan's cricketing hero-turned-politician who in a gun attack on Thursday, has showed no sign of stepping aside from politics since his ouster as prime minister in April.
China's surprise suspension of Ant Group's record $37 billion listing is likely to delay rather than destroy its chances of a stock market debut though the financial technology giant's valuation and growth prospects are set to take a hit.
For scores of Hong Kong democrats, this year's legislative elections were supposed to be a landmark moment for the movement in the face of what they saw as increasing encroachment on Hong Kong's way of life by China.
Fast-growing specialty e-commerce sites such as PDD's Temu and its rival Shein are branching deeper into the business of selling toys.
Lara Shortz of Michelman & Robinson LLP shares strategies and insights on managing midsize law firms, including striving to build a positive workplace while maintaining top-tier legal performance.
With statues of the Buddha and local gods, candles and incense sticks, Lee Kyoung-hyun's shrine looks similar to those of Korean shamans from centuries past.
General Motors has lost its mojo in China.
Gavin McKenna's friends and family in Canada's Yukon Territory always knew he had a gift.
Every year the biggest U.S. banks endure a tedious exercise, where their businesses are put through a series of theoretical contortions to see how they’d perform in a crisis. One flaw in this plan is that the Federal Reserve, which designs the stress test, has tended to assume that when bad times come, interest rates would fall, not rise. This misconception was corrected by the market, which just staged an exam of its own. Wall Street aced it.
Tensions between the White House and the U.S. central bank sharply escalated over the weekend, with Federal Reserve Chair Jerome Powell saying the administration had threatened him with a criminal indictment related to the Fed headquarters renovation.
Blackstone, Apollo and peers face an exodus from fast-growing funds that channel everyday investors into illiquid loans. Better matching assets with liabilities and clarifying iffy pricing could help the $232 bln market but could dent returns or growth. The trade-off is worth it.
Jamie Dimon is a busy man. Yet the JPMorgan boss found time to devote more than a page of his annual letter to shareholders this year to his disdain for two small companies: Institutional Shareholder Services and Glass Lewis. These shareholder advisory firms, tiny compared to the $550 billion U.S. bank Dimon runs, punch above their weight in influencing how companies and investors behave. Their impact is problematic, but they are not the problem.
Scores of social media influencers are fighting journalists for access, prestige and workspace at a national convention this week where the Democratic Party is counting on the influencers' viral online videos to boost Kamala Harris' U.S. presidential hopes.
South Korean President Yoon Suk Yeol's term in office has been dogged by personal scandals, an unyielding opposition and rifts within his own party, and a rapid fall from grace over his short-lived declaration of martial law last month.
What matters in U.S. and global markets today
Wall Street's main indexes fell hard again on Thursday on concerns over the impact of high tariffs on the global economy, marking a U-turn from the previous session's historic gains when U.S. President Donald Trump moved to temporarily lower the levies on some countries.